What is Commercial Real Estate Brokerage Services Market?
When a property is used solely for business purposes, it is classified as commercial real estate. Typically, an investor owns commercial real estate and collects rent from each business that operates from that property. Commercial real estate brokerage management includes industrial, land, flex, retail space, shopping complexes, and other properties. Brokerage management offers services such as valuation, advisory, lease management, and rental management. Brokerage is made up of a broker and an intermediator who connects a seller and a buyer to complete a transaction. A commercial real estate broker's income is determined by sales commissions. The broker's commission is specified in the listing agreement. Commercial real estate brokerage commissions are negotiable and, on average, amount to a percentage of the final sale price. If the property is leased rather than sold, the brokerage fee is determined by square footage and net rental income. Unless the seller and buyer agree on a split, the commission is usually paid by the seller from the sale proceeds (Note: the seller often factors the commission into the asking price). The commission is paid once the transaction is completed. The commission is divided between the buying and selling brokers.
Highlights from Commercial Real Estate Brokerage Services Market Study
|Unit||Value (USD Million)|
|Key Companies Profiled||CBRE Group, Inc. (United States), Cushman & Wakefield (United States), Newmark Group Inc. (United States), Colliers (United States), Lee & Associates (United States), NAI Global (United States), Marcus & Millichap (United States), Avison Young (Canada), TCN Worldwide (United States), SVN International Corp. (United States) and Kidder Mathews (United States)|
The market has seen a massive investment in new property development which has driven the market growth. Key players have been trying to do mergers and acquisitions to strengthen their position in the market. An initiative by the government to expand the real estate sector has been helping to drive the market. This has made new entrances grab a good position in the market. The growing IT industry and start-up ecosystem have been a contributor to market growth. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Commercial Real Estate Brokerage Services market throughout the forecasted period. CBRE Group, Inc. (United States), Cushman & Wakefield (United States), Newmark Group Inc. (United States), Colliers (United States), Lee & Associates (United States), NAI Global (United States), Marcus & Millichap (United States), Avison Young (Canada), TCN Worldwide (United States), SVN International Corp. (United States) and Kidder Mathews (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are NorthMarq (United States), SRS Real Estate Partners (United States) and Matthews Real Estate Investment Services (United States).
Commercial Real Estate Brokerage Services Market Segmentation:
|Application / End User||Offices, Industrial, Retail, Multifamily and Others|
|Type||Sales, Leasing and Others|
On the basis of geography, the market of Commercial Real Estate Brokerage Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Rising IT Companies and Rapid Urbanization Have Been Driving the Market.
- There is a Surge in Start-Ups Ecosystem.
- People Looking Forward For Investments in Real Estate.
- Covid-19 Has Affected the Developing Nations to Bring Them for Saturation.
- Rising Inflation and Interest Rate.
- Growing Government Initiatives for Real Estate Business and Growing Industrialization.
- Expansion of New Planned Cities Will is Bringing More Opportunities for Market Growth.
- Growing Digitization has made it Convenient for Developers to Take Care of Sales on Their Own.
Market Leaders & Development Strategies
In January 2022 CBRE Group announced it has acquired Buildingi, a leading provider of occupancy planning and technology services, to meet growing occupier demand for holistic occupancy management services. Buildingi will fully integrate with CBRE’s Occupancy Management team and initially transition to “Buildingi from CBRE.” Buildingi provides space utilization data management and Computer-Aided Design (CAD) services that help to underpin CBRE’s occupancy management offering. By combining CBRE’s best-in-class Occupancy Management expertise with Buildingi’s robust technology across CAD, Integrated Workplace Management Systems, and Building Information Modeling, CBRE can provide clients, including some of the world’s largest organizations, with a holistic occupancy management solution.
In March 2022 CBRE South Asia announced the launch of specialized business services to support healthcare and education real estate services in India, offering significant growth potential and investment opportunities. The company plans to strengthen its function, with an aim to capture the dominant market position in the relatively large, and underserved sectors.
Broker-dealers, like other securities market participants, must comply with the general "antifraud" provisions of the federal securities laws. Broker-dealers must also comply with many requirements that are designed to maintain high industry standards. We discuss some of these provisions below., A. Antifraud Provisions (Sections 9(a), 10(b), and 15(c)(1) and (2)) and The "antifraud" provisions prohibit misstatements or misleading omissions of material facts, and fraudulent or manipulative acts and practices, in connection with the purchase or sale of securities.3 While these provisions are very broad, the Commission has adopted rules, issued interpretations, and brought enforcement actions that define some of the activities we consider manipulative, deceptive, fraudulent, or otherwise unlawful.4 Broker-dealers must conduct their activities so as to avoid these kinds of practices.
Key Target Audience
Real estate firms, Brokerage firms, New Entrants and Investors, Legalized Cannabis Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others